ACCOUNT TYPESBusiness accounts with the processing are for businesses who wish to accept crypto as a means of payment and avoid problems, which businesses that use crypto are faced with:
- how to identify who has paid
- how to report financial operations to a regulatory authority.
CoinsPaid processing offers an unprecedented solution:
We automatically provide for each client of our merchants with a unique deposit address which makes it possible for CoinsPaid processing to identify a user and the paid amount. We notify the business about it.
We convert crypto that was received into fiat currency and credit the business’s account with it.
As you can see, the processing is a "must-have" for businesses if they wish to accept crypto.
An affiliate’s account (this is an account for individuals as well as legal persons) displays the list of merchants integrated with their assistance and the received revenue.
The Personal Wallet (coming in Q4 of 2019) enables the user to receive, store, spend and exchange cryptocurrency an array of new features in development like a brand credit card and dedicated IBAN account for individuals, recurring payment and mass pay options, which will help with adoption of cryptocurrency in everyday life: settlements of salary, payment of bills, payment for subscription and so on.
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Similar wallets already exist at least in terms of multicurrency. Here the main advantage should be safety and ease of use
I correctly understand that not only the multi-currency wallet is the main advantage of the project, but also the extensive report of the movement of funds without the right to make a mistake?
CoinsPaid make all efforts for providing high quality solutions for clients.
Multi-currency wallets are similar only at first glance. But some use the protocols of those coins that are able to store, and others have their own protocol allows you to operate different coins.
And what protocol does CoinsPaid service use for its multi-wallets?
Can you refraze you question? Any cryptocurrency have its own protocol. So we use all of them